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Senate Budget Committee Chairman Whitehouse, Rep. Boyle Call on Federal Reserve to Begin Cutting Interest Rates
June 11, 2024
WASHINGTON, June 11 -- Sen. Sheldon Whitehouse, D-Rhode Island, chairman of the Senate Budget Committee, issued the following news release on June 10, 2024:

Today, Senate Budget Committee Chairman Sheldon Whitehouse and House Budget Committee Ranking Member Brendan F. Boyle sent a letter to Federal Reserve Board Chair Jerome Powell ahead of this week's Federal Open Market Committee (FOMC) meeting, expressing concern over the harmful economic effects of prolonged elevated interest ra . . .

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